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Forex Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Swiss Franc/Hungarian Forint (FOREX:CHFHUF)
Bull Market Weakness (+75) - CHFHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFHUF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CHFHUF
The long-term trend has been UP since May 15th, 2019 at 288.19000
The intermediate-term trend has been UP since Dec 23rd, 2019 at 304.72591
The short-term trend has been DOWN since Feb 14th, 2020 at 316.24000
Smart Scan Analysis for CHFHUF
Based on our trend formula, CHFHUF is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 315.01000 | 316.17512 | 313.94336 | 315.81057 | +0.80057 |
| Prev. Close | Volume | Bid | Ask | Time |
| 315.01000 | 315.50469 | 316.11644 | 2020-02-17 16:39:15 |